MetLife Inc. on Monday asked a federal appeals court to give the Trump administration time to review the government’s process for designating “systemically important financial institutions.”
MetLife filed a motion seeking a freeze on the case, MetLife Inc. v. Financial Stability Oversight Council, while Treasury Secretary Steven Mnuchin conducts a 180-day review of the FSOC SIFI designation process. President Donald Trump issued the memorandum requesting the review Friday.
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